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Qualitative Factors That Should Be Considered When Evaluating a Make-Or-Buy

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Qualitative factors that should be considered when evaluating a make-or-buy decision are


Definitions:

Lease

A contractual arrangement in which one party agrees to rent property owned by another party for a specified period of time in exchange for payment.

Eminent Domain

The right of a government to expropriate private property for public use, with compensation provided to the owner.

Bequeath

To leave personal property to someone through a will.

Fair Compensation

Fair Compensation is equitable financial remuneration given to an employee for their services or to a party as reparation for loss, damage, or injury.

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